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Canada's Start-Up Visa program is struggling to fill the shoes of its predecessor

Oct 23, 2023 08:14 am UTC| Law Politics Business

To bolster its rapidly-growing tech sector, the Canadian government introduced the Tech Talent Strategy in June 2023 with the aim of attracting workers and entrepreneurs. As a part of this strategy, the government...

Here's what happens to workers when coal-fired power plants close. It isn't good

Oct 23, 2023 08:08 am UTC| Insights & Views Business

When Australias dirtiest coal-fired power plant, Hazelwood in Victoria, closed in 2017, Australian authorities were blind to the collateral damage. Closing a plant that accounted for a fair chunk of Australias...

Treasury Wine Estates Eyes Business Rebuild in China; Australia Sees Share Surge Amid Tariff Review

Oct 23, 2023 07:47 am UTC| Business

Australias Treasury Wine Estates expressed confidence in restoring its business in China, resulting in a more than 5% surge in its shares. This positive outlook comes in response to the indication that Beijings tariffs on...

Foxconn Undergoes Tax and Resources Inspections in Multiple Chinese Provinces

Oct 23, 2023 06:49 am UTC| Business Technology

Foxconn recently had its offices in Guangdong and Jiangsu probed by tax officials, according to the Chinese state-run newspaper Global Times. Simultaneously, the Ministry of Natural Resources inspected locations in Henan...

Paris Baguette Celebrates 500th Global Store in Singapore; Eyes Middle East Expansion

Oct 23, 2023 06:20 am UTC| Business

Paris Baguette, owned by SPC Group, has achieved a significant milestone by opening its 500th international store in Singapores Changi Airport, signaling future ventures into the Middle East. Paris Baguette has been...

McDonald's Unveils' 'Free Fries Friday' in US, Rolls Out One-Day Special Deals for UK

Oct 23, 2023 06:01 am UTC| Business

McDonalds has introduced Free Fries Friday for U.S. patrons alongside noteworthy one-day offers for U.K. customers, adding a tasty incentive for a quick app download. To take advantage of the Free Fries Friday...

The Intersection of Business and Passion: Luciano de Vries’s Journey from Entrepreneurship to Pokémon Card Collector

Oct 23, 2023 05:57 am UTC| Business

Its the little things that count for serial entrepreneur Luciano de Vries. The very little things, to be exact. The founder of Bayswater Capital has spent decades creating and scaling businesses. Like many of the most...

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Economy

Morgan Stanley Warns Against Overestimating EV Demand Boost from Rising Oil Prices

Morgan Stanley is urging caution among investors who believe that surging oil prices will automatically trigger a rapid recovery for South Korean battery manufacturers. While recent headlines have painted an optimistic...

Iran Closes Strait of Hormuz Again After Brief Reopening, Rattling Global Energy Markets

Hopes for a restoration of normal energy shipping through the Strait of Hormuz collapsed within hours on Saturday after Iran reimposed tight restrictions on the vital maritime corridor, just a day after declaring it open....

Uranium Bull Market Gains Momentum Amid Supply Deficits and Geopolitical Tensions

The uranium market is entering a powerful new phase, with structural supply shortfalls and rising energy security concerns driving long-term bullish momentum. A recent special report from BCA Research confirms that the...

Energy Price Spike Won't Trigger Lasting Inflation, Analysts Say

A new report from BCA Research suggests that the recent surge in energy prices, driven by ongoing Middle East tensions, is unlikely to spark a prolonged period of runaway inflation in major global economies. According to...

Australia Extends Fuel Sulphur Relaxation Amid Iran War Supply Disruptions

Australia has extended its temporary easing of fuel-quality standards through September, as ongoing disruptions from the Iran war continue to strain the countrys fuel supply chains. Energy Minister Chris Bowen confirmed...

Politics

Iran's Internal Power Struggle Threatens Strait of Hormuz Stability

Geopolitical tensions in the Middle East have intensified after Irans Islamic Revolutionary Guard Corps (IRGC) overturned a government decision to reopen the Strait of Hormuz, one of the worlds most critical energy...

North Korea Fires Multiple Ballistic Missiles Amid Growing Nuclear Ambitions

North Korea launched several ballistic missiles toward the sea off its eastern coast on Sunday, according to South Korea and Japan, marking Pyongyangs seventh ballistic missile test this year and its fourth in April alone....

North Korea Fires Ballistic Missile Eastward Amid Rising Global Tensions

South Koreas Yonhap news agency reported on Saturday that North Korea launched an unidentified ballistic missile in an easterly direction. Military officials in Seoul are still analyzing the missiles type and flight...

U.S.-Iran Tensions Escalate as Hormuz Crisis Deepens Amid Ceasefire Strains

Fragile ceasefire negotiations between the United States and Iran are facing serious pressure after a dramatic weekend of escalating confrontations in and around the Strait of Hormuz. New reporting from the Wall Street...

Brazil, Spain, and Mexico Unite to Support Cuba Amid U.S. Blockade

During a high-profile international summit held in Barcelona, the leaders of Brazil, Spain, and Mexico came together to announce a strengthened commitment to providing coordinated humanitarian aid to Cuba. The meeting,...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

NVIDIA Acquisition Rumors Dismissed by Morgan Stanley as Strategically Flawed

Morgan Stanley analysts have moved to cool speculation that NVIDIA Corporation (NASDAQ: NVDA) is plotting a major acquisition of a U.S. PC original equipment manufacturer (OEM). According to the investment bank, such a...

Iran’s AI memes are reaching people who don’t follow the news – and winning the propaganda war

A Lego-style Iranian military commander raps over a gangster beat: Our inbox is flooded with Americans saying they dont watch the news. They listen to our songs instead since your media is full of shit. This is the opening...

OpenAI's $20 Billion Cerebras Deal Signals Massive AI Infrastructure Push

OpenAI is reportedly set to spend over $20 billion with AI chip startup Cerebras over the next three years, marking a significant expansion of an already substantial computing partnership. According to The Information, the...

Tesla's Terafab: AI Chip Factory Eyes Taiwan's Semiconductor Talent

Tesla is actively recruiting semiconductor engineers in Taiwan for its ambitious Terafab project a fully vertically integrated AI chip manufacturing facility that aims to consolidate logic, memory, packaging, testing, and...

Japan to Subsidize Sony's Image Sensor Plant in Kumamoto with $380 Million

The Japanese government has announced plans to provide Sony with subsidies of up to 60 billion yen, equivalent to approximately $380 million, to support the construction of an image sensor manufacturing facility in...